Standard Oil Company; Trusts, Industrial -- United States
"During the first forty years," Congress reported in 1888, "the
mines were worked by individuals, just as are farms. The hundreds of
employers were in active competition with each other for labor. The
fundamental law of supply and demand alike governed all parties. As to
engagement, employer and employé stood upon a common level of equality
and manhood. Skill and industry upon the part of the miner assured to
him steady work, fair wages, honest measurement, and humane treatment.
Should these be denied by one employer many other employers were ready
to give them. The miner had the same freedom as to engagement, the same
reward for faithful service, and protection against injustice that
the farm-hand possesses because of the competition between farmers
employing hands.... This virtual combination of all employers into one
syndicate has practically abolished competition between them as to
wages; and gradually, but inexorably, the workmen have found themselves
encoiled as by an anaconda until now they are powerless."[16]
There was an investigation of the coal combination by the Pennsylvania
Legislature in 1871, the testimony taken in which showed that when,
after a thirty days' strike by the men, a number of private coal-mine
owners acceded to their terms, and wished to reopen their mines and
send coal again to market, the railroads, by which alone they could get
to market, raised their freights, as their men were still on strike,
to three times the previous figures. These great corporations had
determined not to yield to their men, and as they were mine-owners and
coal-sellers as well as carriers, they refused to take coal for their
competitors.... The result was that the price of coal was doubled,
rising to $12 a ton; the resumption by the private mine-owners was
stopped; and they, the workmen, and the consumer were all delivered
over to the tender mercies of the six great companies.[17]
Public-domain text, read in full here on John Shaqi.
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